2025-3-21 20:00 |
The long-running XRP lawsuit between Ripple cryptocurrency and the U.S. Securities and Exchange Commission (SEC) has finally come to an end, sending the XRP price surging past $2.50.
SEC Ends Legal Dispute, Ripple Declares VictoryRipple CEO Brad Garlinghouse celebrated the SEC Ripple lawsuit’s dismissal, calling it “a long-overdue surrender.” He emphasized that this marks a turning point for regulatory clarity in the crypto space. “Thankfully, we have new leadership in the executive and legislative branches of our government,” Garlinghouse said, hinting at a more Ripple crypto-friendly environment under the Trump administration.
XRP community is celebrating Ripple’s lawsuit victory, predicting XRP price will soar past $5. Source: Oscar Ramos via X
The case, which began in December 2020, accused Ripple cryptocurrency of conducting an unregistered securities offering by selling XRP. While a partial legal victory in 2023 determined that Ripple XRP news from exchange sales did not classify XRP as a security, Ripple crypto was still fined $250 million for institutional sales. The SEC had filed an appeal, but its withdrawal now removes any remaining legal uncertainty surrounding Ripple market prospects.
Analysts Split on XRP’s Next MoveWith the lawsuit behind it, XRP price is experiencing renewed bullish sentiment, but analysts are divided on its trajectory. Crypto analyst Dark Defender remains optimistic, noting that Ripple price needs to decisively close above $2.66 to confirm an upward breakout. “We are looking at strong daily chart signals. If XRP holds key levels, we could see it rally beyond $5,” he stated.
Dark Defender’s post references the “Follow the White Rabbit” motif, suggesting that recent developments in XRP’s daily chart were anticipated, regardless of differing beliefs. Source: X
On the other hand, EGRAGCRYPTO warns that XRP price prediction still allows for a correction if key levels are not maintained. “The $2.65-$2.70 range is critical. If XRP doesn’t close above this, we might be looking at another retracement before a larger breakout,” he explained.
If XRP fails to close above $2.65-$2.70, it may continue downward to the 5th wave. Source: EGRAG CRYPTO via X
Some analysts point to a head-and-shoulders pattern that suggests Ripple currency price may need to surpass $3.40 before confirming a bullish trend.
XRP ETF Approval Odds SurgeOne of the most significant outcomes of the Ripple lawsuit resolution is the rising probability of an XRP exchange-traded fund (XRP ETF). According to data from Polymarketcap, the chances of an XRP ETF being approved have climbed to 80%. Financial institutions like JPMorgan predict that a spot XRP ETF could bring in as much as $8 billion in inflows, further bolstering the Ripple market.
Brad Garlinghouse expects XRP to be added to the White House digital asset stockpile and an XRP ETF in 2025. Source: Bloomberg Crypto via X
The SEC Ripple stance appears to be shifting under new leadership, with several lawsuits against exchanges like Coinbase and Kraken also being dropped. This suggests a broader move toward Ripple exchange adoption rather than aggressive enforcement.
Ripple’s Future: IPO and Institutional Partnerships?With the Ripple lawsuit now settled, speculation is growing that Ripple cryptocurrency will make an Initial Public Offering (IPO) in 2025 or 2026. This would allow Ripple exchange operations to attract more institutional investors and anchor the Ripple market.
Moreover, Ripple news implies that the company is likely to revive partnerships that were previously put on hold due to the legalities. Firms like MoneyGram and major banking institutions—including Ripple Bank of America—could reconsider collaborations. With over 300 banking partners globally, Ripple ledger technology remains a strong alternative to SWIFT for cross-border transactions.
XRP Price Outlook: $5 or Another Pullback?Following the XRP news of the SEC lawsuit’s dismissal, XRP price surged by over 10%, reaching $2.51. While the price increase was notable, some analysts argue that much of the positive sentiment was already priced in. The next major resistance level stands at $3, and breaking past it could pave the way for Ripple currency price to hit $5.
XRP was trading at around $2.46, up 7.38% in the last 24 hours at press time. Source: XRP Liquid Index (XRPLX) via Brave New Coin
However, technical indicators suggest caution. If XRP price fails to maintain momentum and drops below $2.20, a bearish reversal could send it back to the $1.90 range. On the upside, if Ripple price surpasses $3.40, bullish momentum could push it toward the much-anticipated $5 mark.
Looking Ahead: A New Era for XRP?With the Ripple lawsuit finally behind it, XRP news enters a new chapter. The possibility of an XRP ETF, increased institutional adoption, and regulatory clarity all set the stage for a potential breakout. Whether Ripple crypto can capitalize on this momentum or faces another price correction remains to be seen, but for now, optimism is running high in the Ripple XRP news community.
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